Elon Musk
Elon Musk’s road to becoming the first trillionaire appears increasingly plausible as SpaceX prepares for an IPO that could set records for the largest public offering ever. 
Musk, 54, owns a stake in SpaceX valued at approximately $866.5 billion, according to the company’s updated IPO prospectus released on June 3.
He also owns Tesla shares worth around $355 billion and holds stock options that could add more than $100 billion to that value.
The company stated in its prospectus that it believes Musk’s significant stake in SpaceX incentivizes him to help it achieve success.
It also noted that after the 366-day lock-up period, “Musk will not be required to maintain his stake and may, at any time, sell all or a substantial portion of it.”
The anticipated offering by the rocket launch and satellite communications company comes nearly 16 years after Musk took Tesla public.
The net worth of the Tesla and SpaceX CEO has grown steadily for more than a decade.
Forbes currently estimates his fortune at $826 billion, placing him far ahead of his rivals on the list of the world’s wealthiest individuals. As a result, his wealth could reach $1 trillion if the IPO achieves its target valuation.
Following the expected SpaceX listing at or near its projected valuation, Musk would lead two of the eight most valuable companies in the US by market capitalization.
Elon Musk
Elon Musk’s road to becoming the first trillionaire appears increasingly plausible as SpaceX prepares for an IPO that could set records for the largest public offering ever.
Musk, 54, owns a stake in SpaceX valued at approximately $866.5 billion, according to the company’s updated IPO prospectus released on June 3.
He also owns Tesla shares worth around $355 billion and holds stock options that could add more than $100 billion to that value.
The company stated in its prospectus that it believes Musk’s significant stake in SpaceX incentivizes him to help it achieve success.
It also noted that after the 366-day lock-up period, “Musk will not be required to maintain his stake and may, at any time, sell all or a substantial portion of it.”
The anticipated offering by the rocket launch and satellite communications company comes nearly 16 years after Musk took Tesla public.
The net worth of the Tesla and SpaceX CEO has grown steadily for more than a decade.
Forbes currently estimates his fortune at $826 billion, placing him far ahead of his rivals on the list of the world’s wealthiest individuals. As a result, his wealth could reach $1 trillion if the IPO achieves its target valuation.
Following the expected SpaceX listing at or near its projected valuation, Musk would lead two of the eight most valuable companies in the US by market capitalization.
